Electro-Motive Canada Mining News

Caterpillar loses social index as Israel uses bulldozers in Palestine

Earth-moving equipment maker Caterpillar has been removed from the socially responsible share index, managed by US investment firm MSCI, over Israeli use of its bulldozers for demolition in Palestine.

Over 18% of Canada’s job losses in February were in the mining industry

Despite a healthy economic growth, Canada’s economy lost 2,800 jobs in February, with at least 18% of those positions belonging to the mining sector.

Caterpillar shuts locked out Electro-Motive plant in Canada

American-based heavy equipment maker Caterpillar (NYSE:CAT) through its subsidiary Electro-Motive Canada (EMC), said today that it is closing EMC's locomotive production operations at its London, Ontario plant, after several months of unsuccessful contract negotiations with the Canadian Auto Workers union.